Jobs Gains to Accelerate? Non-Farm Payrolls Preview

ForexCrunch

Dec. 1, 2011, 1:00 PM

The US economy has seen a steady gain in jobs in recent months. The upcoming report for the month of November holds higher expectations. In the current environment, a positive outcome will likely be dollar negative. NFP Preview.

According to last month's release, the US gained 80,000 jobs in October. While this was slightly below expectations, the report included significant revisions for previous months, and a rise in the participation rate of the population. The overall picture remained very positive.